A P Chart Is to Be Developed for Use in Quality

question 31

Multiple Choice

A p chart is to be developed for use in quality control.The value of p is calculated to be 0.05.The sample size is 50.What would the upper control limit be?

• A)0.142
• B)-0.042
• C)0.408
• D)0.092
• E)0.642

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Definitions:

Price-fixing

An illegal agreement among competitors to cooperate on setting prices at a certain level, eliminating competition and harming consumer interests.

AU Optronics

A Taiwan-based electronics company specializing in the manufacture of TFT LCD panels used in televisions, computer monitors, and other digital display devices.

LCD Screens

Thin, flat display devices made up of a number of color or monochrome pixels arrayed in front of a light source or reflector.

Dominant Price Leader

A firm that has the largest market share within an industry and whose pricing decisions are often followed by its competitors.